Carla Vista Inc. had sales of $2,340,000 for the first quarter of 2022 (it sold 234,000...
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Carla Vista Inc. had sales of $2,340,000 for the first quarter of 2022 (it sold 234,000 units). In making the sales, the company incurred the following costs and expenses. Cost of goods sold Selling expenses Administrative expenses Sales Variable Costs Contribution Margin Fixed Costs Variable $863,400 Net Income/(Loss) 121,000 Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, eg. 15.25) CARLA VISTA INC. CVP Income Statement For the Month Ended March 31.2022 92,000 Fixed $468,000 75,000 103,000 Total 2340000 IDE $ Per Unit Percent of Sales % Carla Vista Inc. had sales of $2,340,000 for the first quarter of 2022 (it sold 234,000 units). In making the sales, the company incurred the following costs and expenses. Cost of goods sold Selling expenses Administrative expenses Sales Variable Costs Contribution Margin Fixed Costs Variable $863,400 Net Income/(Loss) 121,000 Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, eg. 15.25) CARLA VISTA INC. CVP Income Statement For the Month Ended March 31.2022 92,000 Fixed $468,000 75,000 103,000 Total 2340000 IDE $ Per Unit Percent of Sales %
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Related Book For
Managerial Accounting Tools For Business Decision Making
ISBN: 9781119709589
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
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